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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
shares in Millions, $ in Millions
Dec. 31, 2024
Jun. 30, 2024
Current assets:    
Cash and cash equivalents $ 249.6 $ 300.8
Restricted cash 19.0 19.8
Trade receivables—less allowances of $27.3 and $24.3, respectively 594.3 441.6
Inventories 705.8 764.1
Prepaid expenses and other current assets 383.8 437.2
Total current assets 1,952.5 1,963.5
Property and equipment, net 673.9 718.9
Goodwill 3,816.4 3,905.7
Other intangible assets, net 3,418.4 3,565.6
Equity investments 1,056.7 1,090.6
Operating lease right-of-use assets 238.8 255.3
Deferred income taxes 475.5 490.8
Other noncurrent assets 92.1 92.1
TOTAL ASSETS 11,724.3 12,082.5
Current liabilities:    
Accounts payable 1,364.6 1,405.6
Accrued expenses and other current liabilities 1,242.5 1,067.3
Short-term debt and current portion of long-term debt 14.4 3.0
Current operating lease liabilities 56.2 57.8
Income and other taxes payable 68.5 68.1
Total current liabilities 2,746.2 2,601.8
Long-term debt, net 3,387.0 3,841.8
Long-term operating lease liabilities 203.3 218.7
Pension and other post-employment benefits 267.4 275.2
Deferred income taxes 569.9 549.9
Other noncurrent liabilities 336.1 347.4
Total liabilities 7,509.9 7,834.8
COMMITMENTS AND CONTINGENCIES (See Note 17)
CONVERTIBLE SERIES B PREFERRED STOCK, $0.01 par value; 1.0 shares authorized; 0.1 issued and outstanding at December 31, 2024 and June 30, 2024 142.4 142.4
REDEEMABLE NONCONTROLLING INTERESTS 103.1 93.6
EQUITY:    
Preferred Stock, $0.01 par value; 20.0 shares authorized, 1.0 issued and outstanding at December 31, 2024 and June 30, 2024 0.0 0.0
Class A Common Stock, $0.01 par value; 1,250.0 shares authorized, 966.3 and 962.1 issued and 872.0 and 867.8 outstanding at December 31, 2024 and June 30, 2024, respectively 9.6 9.6
Additional paid-in capital 11,322.9 11,308.0
Accumulated deficit (4,791.9) (4,898.5)
Accumulated other comprehensive loss (959.0) (795.1)
Treasury stock—at cost, shares: 94.3 at December 31, 2024 and June 30, 2024 (1,796.9) (1,796.9)
Total Coty Inc. stockholders’ equity 3,784.7 3,827.1
Noncontrolling interests 184.2 184.6
Total equity 3,968.9 4,011.7
TOTAL LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’ EQUITY $ 11,724.3 $ 12,082.5
Treasury stock, at cost, shares (in shares) 94.3 94.3